CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Operating activities
Net Income	$ 1,517	$ 805
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	332	312
Equity in net earnings from investments	(83)	(72)
Distributions received from unconsolidated affiliates	86	72
Deferred income taxes	419	228
Medford settlement gain	(779)	0
Medford settlement proceeds	502	0
Other, net	43	45
Changes in assets and liabilities:
Accounts receivable	456	(340)
NGLs and natural gas in storage, net of commodity imbalances	40	(165)
Accounts payable	(443)	569
Risk-management assets and liabilities	47	(131)
Other assets and liabilities, net	(144)	(73)
Cash provided by operating activities	1,993	1,250
Investing activities
Capital expenditures (less allowance for equity funds used during construction)	(594)	(559)
Contributions to unconsolidated affiliates	(108)	(1)
Distributions received from unconsolidated affiliates in excess of cumulative earnings	16	13
Medford settlement proceeds	328	0
Other, net	5	4
Cash used in investing activities	(353)	(543)
Financing activities
Dividends paid	(855)	(835)
Issuance of long-term debt, net of discounts	60	120
Repayment of long-term debt	(940)	0
Other, net	(19)	(2)
Cash used in financing activities	(1,754)	(717)
Change in cash and cash equivalents	(114)	(10)
Cash and cash equivalents at beginning of period	220	146
Cash and cash equivalents at end of period	$ 106	$ 136